Overview
- ED’s Indore sub-zonal office issued a provisional attachment order on December 30, 2025, under the PMLA.
- The property is held under the beneficial ownership of Nitin Shambhukumar Kasliwal and his family, according to the agency, though Kasliwal told Hindustan Times, “We have no property in London.”
- Authorities allege loans of about Rs 1,400 crore tied to S Kumars Nationwide Ltd were siphoned abroad and used to acquire overseas assets.
- Searches on December 23 yielded records and devices that ED says exposed the Catherine Trust (formerly Surya Trust) and its control of Catherine Property Holding Ltd in Jersey and the BVI.
- The agency says it will approach UK counterparts to take possession of the attached asset as it continues tracing additional properties and the broader money trail.